Lawsuit accuses Nike of pocketing tariff refunds while raising prices
A class-action lawsuit alleges Nike is keeping tariff refunds instead of passing them to consumers who paid higher prices.Summary
A class-action lawsuit filed in Oregon alleges that Nike is "pocketing" significant tariff refunds while simultaneously raising prices on its products. The lawsuit claims that without court intervention, Nike stands to recover the same tariff payments twice: once from consumers through higher retail prices and again from the federal government through tariff refunds. The legal action follows a Supreme Court ruling that most of President Trump's tariffs were illegal, entitling companies that paid them to refunds. Nike is among over 2,000 companies seeking to recover tariffs paid. The lawsuit argues that importers like Nike did not ultimately bear all the costs of the tariffs, but instead passed the elevated costs on to consumers. It seeks class-action status and demands that Nike return tariff-related overcharges to the consumers who actually paid them. Nike has declined to comment on the lawsuit and whether it plans to pass on tariff refunds to its customers.
(Source：Fox 10 Phoenix)